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The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community <br />engagement that encourages and inspires prosperity <br /> <br /> <br />Request for Action <br /> <br />To <br />City Council <br />Item Number <br />4.5 <br /> <br />Meeting Date <br />May 6, 2024 <br />Prepared By <br />Karen Wingard, Farmer's Market/Event Coordinator <br /> <br />Item Description <br />Agreement 24-11 Between Elk River Fire <br />Foundation and Elk River Farmers Market <br />Reviewed by: <br />Joe Stremcha <br />Cal Portner <br />Tina Allard <br /> <br />Action Requested <br />Adopt, by motion, Agreement 24-11 between the Elk River Fire Foundation and Elk River Farmers Market for <br />reimbursement of promotional tokens. <br /> <br />Background/Discussion <br />From the direction of the Office of the State Auditor regarding gift cards (token equivalent) and our Public <br />Purpose Expenditure Policy. Attached is the agreement for the 2024 outdoor market between the city and Elk <br />River Fire Foundation to financially facilitate the promotional programs at the Elk River Farmers Market <br />through October 10, 2024. <br /> <br />Financial Impact <br />The sponsorship money allocated to the promotional programs will be directed to the Elk River Fire <br />Foundation. In addition, a donation of at least $1,000 is provided to the Elk River Fire Foundation for their <br />2024 outdoor market fund management services. The Elk River Farmers Market will cover Fire Foundation <br />expenses necessary to facilitate reimbursement of the promotional tokens. <br /> <br />Mission/Policy/Goal <br />Ethical, efficient, and responsible <br /> <br />Attachments <br />1. 2024 outdoor market signed contract ER Fire Foundation <br /> <br /> <br />Page 51 of 254